Missouri Misses Out On Millions In Internet Sales Tax Revenue

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Unlike Kansas and 23 other states, Missouri has not joined the Streamlined Sales and Use Tax Agreement, a 1999 agreement to simplify and encourage voluntary collection of sales taxes by e-commerce retailers.

Researchers at the University of Missouri Truman School of Public Affairs estimate that Missouri has lost $2.3 billion, or an average of about $468 million a year, in potential e-sales taxes over the last nine years. That amount is expected to rise as Internet sales grow as a percentage of retail sales.

Read more in the Kansas City Star and the Kansas City Business Journal

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